Liberty Silver Corp. (OTCMKTS:BHLL) Short Interest Down 36.0% in June

Liberty Silver Corp. (OTCMKTS:BHLL) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 31,405 shares, a drop of 36.0% from the June 15th total of 49,083 shares. Based on an average trading volume of 97,094 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

Liberty Silver Price Performance

Shares of BHLL stock opened at $3.13 on Friday. The firm has a 50-day moving average of $3.87 and a 200-day moving average of $4.70. Liberty Silver has a one year low of $2.80 and a one year high of $8.75. The company has a market cap of $145.53 million, a P/E ratio of -2.45 and a beta of 1.21.

Liberty Silver (OTCMKTS:BHLL) last released its quarterly earnings results on Thursday, May 7th. The company reported ($0.23) earnings per share for the quarter, topping the consensus estimate of ($0.29) by $0.06. As a group, research analysts expect that Liberty Silver will post -0.19 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Liberty Silver to a “hold” rating in a report on Tuesday, April 7th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Liberty Silver presently has an average rating of “Buy”.

Liberty Silver Company Profile

Liberty Silver Corp. is a mineral exploration company focused on the acquisition, exploration and development of silver and associated base metal properties. The company’s core business activity centers on identifying high-potential silver and cobalt projects in the Americas and advancing those properties through systematic drilling, resource definition and permitting efforts. Liberty Silver seeks to leverage emerging market demand for silver in renewable energy and industrial applications.

The company holds interests in several early to advanced-stage exploration projects.